[bsrsharma]

As it is being done, it is a poor plan; especially with the loophole allowing one to buy low MPG trucks. But done the way EconProf suggested, it would have done a lot of good. U.S. drivers get to buy newer cars, U.S. workers get jobs, pollution is reduced, a lot of goodwill is generated abroad. What government program comes anywhere half as good? Much of postwar (1945) government expenditure has been on creating and fighting imaginary enemies (and transfer payments).

[bsrsharma]

EconProf: That was a very smart suggestion (destroying Mexican clunkers and replacing them with US gifted used cars) to reduce border/global pollution and get a lot of free goodwill. It is so sad our governments have so little creativity. Imagine if U.S. government offered to just buy more than, say, 5 or 7 year old cars for $3500-$4500 and gifted the good ones to Mexico in exchange for getting equal number of their cars for scrapping. Overall pollution would have been reduced and our auto factories would be working at full speed increasing employment. This would have been the best stimulus money can buy.

[bsrsharma]

EconProf: That was a very smart suggestion (destroying Mexican clunkers and replacing them with US gifted used cars) to reduce border/global pollution and get a lot of free goodwill. It is so sad our governments have so little creativity. Imagine if U.S. government offered to just buy more than, say, 5 or 7 year old cars for $3500-$4500 and gifted the good ones to Mexico in exchange for getting equal number of their cars for scrapping. Overall pollution would have been reduced and our auto factories would be working at full speed increasing employment. This would have been the best stimulus money can buy.

[bsrsharma]

EconProf: That was a very smart suggestion (destroying Mexican clunkers and replacing them with US gifted used cars) to reduce border/global pollution and get a lot of free goodwill. It is so sad our governments have so little creativity. Imagine if U.S. government offered to just buy more than, say, 5 or 7 year old cars for $3500-$4500 and gifted the good ones to Mexico in exchange for getting equal number of their cars for scrapping. Overall pollution would have been reduced and our auto factories would be working at full speed increasing employment. This would have been the best stimulus money can buy.

[bsrsharma]

EconProf: That was a very smart suggestion (destroying Mexican clunkers and replacing them with US gifted used cars) to reduce border/global pollution and get a lot of free goodwill. It is so sad our governments have so little creativity. Imagine if U.S. government offered to just buy more than, say, 5 or 7 year old cars for $3500-$4500 and gifted the good ones to Mexico in exchange for getting equal number of their cars for scrapping. Overall pollution would have been reduced and our auto factories would be working at full speed increasing employment. This would have been the best stimulus money can buy.

[bsrsharma]

EconProf: That was a very smart suggestion (destroying Mexican clunkers and replacing them with US gifted used cars) to reduce border/global pollution and get a lot of free goodwill. It is so sad our governments have so little creativity. Imagine if U.S. government offered to just buy more than, say, 5 or 7 year old cars for $3500-$4500 and gifted the good ones to Mexico in exchange for getting equal number of their cars for scrapping. Overall pollution would have been reduced and our auto factories would be working at full speed increasing employment. This would have been the best stimulus money can buy.

[bsrsharma]

Yes that is a surprising list. Also, no Fit, Yaris or Versa (or any of the hybrids or diesels) are in top 10. Looks like the urge to enjoy government subsidy (on bigger vehicles like trucks) trumped fuel efficiency consideration!

[bsrsharma]

Yes that is a surprising list. Also, no Fit, Yaris or Versa (or any of the hybrids or diesels) are in top 10. Looks like the urge to enjoy government subsidy (on bigger vehicles like trucks) trumped fuel efficiency consideration!

[bsrsharma]

Yes that is a surprising list. Also, no Fit, Yaris or Versa (or any of the hybrids or diesels) are in top 10. Looks like the urge to enjoy government subsidy (on bigger vehicles like trucks) trumped fuel efficiency consideration!

[bsrsharma]

Yes that is a surprising list. Also, no Fit, Yaris or Versa (or any of the hybrids or diesels) are in top 10. Looks like the urge to enjoy government subsidy (on bigger vehicles like trucks) trumped fuel efficiency consideration!

[bsrsharma]

Yes that is a surprising list. Also, no Fit, Yaris or Versa (or any of the hybrids or diesels) are in top 10. Looks like the urge to enjoy government subsidy (on bigger vehicles like trucks) trumped fuel efficiency consideration!

[bsrsharma]

That is what is to be expected in a credit crunch, isn’t it? Cash is King. The banking system needs to build up cash reserves as much as possible and this seems logical. Lower comps will make homes more affordable and help deflate the bubble. What is to complain?

[bsrsharma]

That is what is to be expected in a credit crunch, isn’t it? Cash is King. The banking system needs to build up cash reserves as much as possible and this seems logical. Lower comps will make homes more affordable and help deflate the bubble. What is to complain?

[bsrsharma]

That is what is to be expected in a credit crunch, isn’t it? Cash is King. The banking system needs to build up cash reserves as much as possible and this seems logical. Lower comps will make homes more affordable and help deflate the bubble. What is to complain?

[bsrsharma]

That is what is to be expected in a credit crunch, isn’t it? Cash is King. The banking system needs to build up cash reserves as much as possible and this seems logical. Lower comps will make homes more affordable and help deflate the bubble. What is to complain?

[Author]

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